Moneyview Limited
RHP · filed 21 Sept 2026
Moneyview Limited operates a digital lending platform and offers financial products to users. The IPO consists entirely of a fresh issue of equity shares worth Rs 750 crore, with no offer for sale component. The company reported a revenue of Rs 339.15 crore and a profit after tax of Rs 240.28 crore in the latest fiscal year, though its revenue has declined at a CAGR of -1.73%. The draft prospectus highlights material risks, including the company's dependence on a small group of financial partners who contribute a significant portion of its revenue and the potential for these partners to terminate their relationships or partner with competitors.
What stands out
Shrinking revenue. Restated revenue CAGR of -1.7%.
Risk factor. Our success depends on our ability to attract, engage and monetize new and existing users on our platform. If users do not find their desired products on our platform at attractive prices and terms, or find their experiences with us unsatisfactory, they may lose trust in our brand and impact our abi
Risk factor. Our business may be negatively affected if our Financial Partners do not continue their relationship with us. Our top ten Financial Partners contributed to 39.02%, 38.69%, 37.36%, 46.82% and 56.78% of our revenue from operations for the three month periods ended June 30, 2026 and 2025, and Fiscals 2
Primarily fresh capital. 100% of the offer is fresh issue, so most proceeds fund the company.
How the offer is structured
Fresh issue
₹750 Cr
New capital into the company
OFS share
0%
- Investment to drive growth in loan disbursals under default loss guarantee (DLG) arrangements₹325 Cr
- Investment in WFPL, our Material Subsidiary, for the purpose of augmenting its capital base₹250 Cr
- General corporate purposes
Restated financials
Revenue
₹339 Cr
Latest fiscal year
Profit after tax
₹240 Cr
Revenue CAGR
-1.7%
Debt / equity
2.27
PAT CAGR
-0.5%
| Fiscal year | Revenue | EBITDA | PAT | Net worth |
|---|---|---|---|---|
| 2024 | ₹351 Cr | ₹243 Cr | ||
| 2025 | ₹1.34k Cr | ₹171 Cr | ||
| 2026 | ₹339 Cr | ₹240 Cr |
Promoters, litigation & related parties
Promoter (pre)
19.6%
Risks the company discloses
Our success depends on our ability to attract, engage and monetize new and existing users on our platform. If users do not find their desired products on our platform at attractive prices and terms, or find their experiences with us unsatisfactory, they may lose trust in our brand and impact our ability to attract, engage, and monetize new and existing users.(User Acquisition & Retention)
Our business may be negatively affected if our Financial Partners do not continue their relationship with us. Our top ten Financial Partners contributed to 39.02%, 38.69%, 37.36%, 46.82% and 56.78% of our revenue from operations for the three month periods ended June 30, 2026 and 2025, and Fiscals 2026, 2025 and 2024, respectively.(Dependence on Partners)
Our relationships with Financial Partners are crucial to our success. Our arrangements with these Financial Partners are typically not exclusive and they may have similar or more favourable arrangements with our competitors. Our Financial Partners may terminate their relationships with us and choose to cooperate with our competitors.(Dependence on Partners)
Our Financial Partners may terminate their relationships with us and choose to cooperate with our competitors for several reasons, including dissatisfaction with our services and solutions, finding us ineffective in enhancing their profitability, or due to strategic shifts driven by internal policies or regulatory developments.(Dependence on Partners)
We may not be able to replace or diversify our partners in a timely or cost-effective manner if we are unable to maintain relationships with them. Moreover, the Financial Partners we work with may develop their own end-to-end servicing capabilities to serve users online directly, without the need for our platform.(Dependence on Partners)
In Fiscal 2026, we paid a one-time non-recurring performance-based incentive to our Managing Director and Chief Executive Officer, Puneet Agarwal, and any inability to effectively manage costs, retention, motivation, or preserve our organisational culture and core values during our growth journey, may have an adverse impact on our business.(Management & Personnel)
Our success and reputation de(Management & Personnel)
We have a limited operating history across some of our products and services. We may not be able to sustain our current growth levels in a cost-effective manner, which could adversely affect our business, financial condition, cash flows, results of operations and prospects.(Growth & Operations)
How this document reads, dimension by dimension
Each bar is a fixed formula applied to the figures shown above, scored 0–100. This is a reading of what the company disclosed — not a recommendation to apply or avoid, not a price target, and not a prediction of listing performance. Dimensions that could not be extracted are excluded rather than assumed, so coverage varies between documents.